News
Thai Airways International sells property assets: report
August 3rd 2021
Thai Airways International (THAI) has completed the sale of a number of property assets in Thailand, The Nation has reported, citing a company announcement. Read More » Among the properties sold is the THAI crew centre in Bangkok, which went to the Energy Complex company via auction for 1.81 billion baht (US$55 million). The sale will boost cash flow for THAI, which is operating under a business rehabilitation plan recently approved by the country's Central Bankruptcy Court. Flights continue to be restricted in Thailand after a rise in daily COVID-19 infections.
